This movie is different. That's about it. It's not innovative, it's not incredibly intelligent, and it most certainly is not a classic. This guy, Bruce Conner, whose name we are made painfully aware of, may have been the first person to edit together 12 minutes of stock footage in a quasi-logical manner (most likely not). So what. I could have done it, and I could have done it a lot better. So could you, probably.
I agree that every film student should have to see this. They should have to see it as an introduction to the concept that there is a lot of crap afloat in the movie industry, and the mere fact that it's unique doesn't do a lick of good when it's neither entertaining nor intellectually-stimulating.
Congratulations, Bruce. You made a real goldbrick.